Thursday, January 29, 2009

This Month in Real Estate: January 2009

Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to help combat the "doom and gloom" messages of the national print and television media with real information on real estate.

Sunday, January 25, 2009

The Slingshot Man

This entry has nothing to do with real estate at all, so I recon it falls in the category of "just plain stuff". An interesting story about a man who lives up toward Asheboro and his slingshot.

Thursday, January 8, 2009

Current Interest Rates - 1/8/2009


30 Year Conventional Fixed - 4.50%, Points - 1
30 Year Conventional Fixed - 4.875%, Points - 0

15 Year Conventional Fixed - 4.375%, Points - 0.75
15 Year Conventional Fixed - 4.50%, Points - 0

VA & FHA 30 Year Fixed - 4.75%, Origination - 1
VA & FHA 30 Year Fixed - 5.00%, Origination - 0

5/1 ARM Conforming - 4.25%, Origination - 0.75
5/1 ARM Conforming - 4.50%, Origination - 0

Investment Property 30 Year - 80% LTV - 20% Down - 6.75%, Points 1.5
Investment Property 30 Year - 75% LTV - 25% Down - 5.25%, Points 1

USDA Rural Housing - 100% NO PMI - 4.875%, Origination - 2